In 2023, Matrix Concepts Holdings conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 154.62a | 127.07a | 68.29a | |
Total Waste Recovered | 6.49a | 4.29a | 2.46a | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Matrix Concepts Holdings generated a total of 155metric tonnes of waste.a
Of this amount, 4.2% of Matrix Concepts Holdings's total waste generated was recovered through methods such as recycling, reuse, or composting, while 122.11% was disposed of through landfilling, incineration, or combustion.a
In 2023, Matrix Concepts Holdings reported a total waste generation of 155 metric tonnes, of which 4.2% was recovered through recycling, reuse, or composting.This low recovery rate highlights limited waste diversion and suggests that Matrix Concepts Holdings may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.a
Since 2021, Matrix Concepts Holdings's total waste generation increased by 126.42%, including a 21.68%increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.a
Over the same period, Matrix Concepts Holdings's waste recovery rate increased by 16.52%, including a 24.33% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.a
Overall, Matrix Concepts Holdings has seen a consistent rise in waste generation both over the long term and in the year 2023. However, the company has also steadily improved its waste recovery performance, suggesting that it is actively working to offset the environmental consequences of increased production through enhanced circularity efforts.